User Account

All Pages

Calculate labor force participation rate

Assignment Help Business Economics
Reference no: EM132274857

Following information is extracted from a database maintained by the country's ministry of labor:

Total population = 24,512,311

Military personnel = 98,539

People below 15 years of age = 4,240,102

People in elderly care centers = 1,232,130

People who didn't look for job in last 4 weeks = 831,304

House wives whose sole activity is home-making = 3,424,204

Volunteers = 313,200

Self-employed people = 3,423,042

Employment in the governments = 2,026,569

Employment in the private sectors = 8,060,941

a. Calculate labor force participation rate.

b. Calculate unemployment rate.

c. Calculate employment rate.

Reference no: EM132274857

Questions Cloud

Review a job description - health information coordinator : Review a job description and updated to fit the current demands of the job title - The attached is an old job description when paper records where being used
Why is it necessary to make the distinction : Why is it necessary to make the distinction of "final" goods in the definition of GDP?
How were saddam hussein and the men around him able : Explain how this feature has constituted an obstacle to the country's political and economic development?
Flow diagram that illustrates the approximate sequence : Sketch a flow diagram that illustrates the approximate sequence.
Calculate labor force participation rate : Following information is extracted from a database maintained by the country's ministry of labor:
Explain what liberty and equality mean to you : Primary Task Response: Within the Discussion Board area, write 300-500 words that respond to the following questions with your thoughts, ideas, and comments.
Shoot some photographs of celebrity : Leah is a photographer, and she lives in New York City. She is hired to shoot some photographs of a celebrity that will be on the cover of a book.
Identify one current issue facing the united states today : POL 110 : Identify one (1) current issue facing the United States today. Analyze the respective roles of Federal and state authorities in addressing the issue.
Explain how the company''s profit would likely change : Explain how the company's profit would likely change in the long term. Use a graph to illustrate your answer. Make relevant assumptions if necessary.

Reviews

Write a Review

Business Economics Questions & Answers

  Index of sustainable economic welfare

Perhaps we should replace GDP with GPI Genuine Progress Indicator or the Index of Sustainable Economic Welfare (Links to an external site.).

  Annual demand and supply

Annual demand and supply for the Entronics company is given by:QD = 5,000 + 0.5 I + 0.2 A - 100P, and QS = -5000 + 100P

  Why are firms are attracted to foreign markets

Why are firms are attracted to foreign markets, for example, to increase profits and revenues and to gain access to cheaper manufacturing. How may this affect the domestic country of the firm?

  Interest compounded semiannually

A man wants to deposit $50,000 now and $60,000 at the end of six years in a bank that pays 12% interest compounded semiannually. He wants to withdraw an amount every year for the first six years and to withdraw exactly $1,500 more for the following f..

  Explain how much interest on interest was earned

If interest paid on the account was compounded annually, explain how much interest on interest was earned.

  Qsuppose the state is trying to decide how many miles of a

q.suppose the state is trying to decide how many miles of a very scenic river it should preserve. there are 100 people

  Market demand for long-playing records

Over the years the market demand for “long-playing records made of polyvinyl has fallen considerably as new technologies replaced the old “lp” yet lps are still available for sale and they sell at price points higher (in some cases much higher) than ..

  Illustrate what monthly profit would she realize

Illustrate what monthly profit would she realize with that level of business during the next 3 years.

  Laborers with experience in home construction moves

A wave of day laborers with experience in home construction moves into the area. Will this shift the labor supply curve, demand curve or both in home construction.

  Demand-pull inflation occurs when

Demand-pull inflation occurs when:

  Exchange rate between the dollar and the euro

The exchange rate between the dollar and the euro is one dollar to .8 euro (€). The price of a Mercedes is € 45,000; the price of a similar size Cadillac is $38,000. What is the euro price of the Caddy? What is the dollar price of the Mercedes?

  Explain what the identity means

Consider the identity S p−I = CA+D where S p is private sector saving, I is investment, CA is the current account surplus, and D is the government deficit.  Show the above identity holds. Explain what the above identity means.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd